a shopkeeper buys a dinner set for Rs 1200 and marks it 80% above the cost price. If he gives 15% discount on it find :
I) the marked price
ii) the selling price
iii) the profit percentage
Answers
Answer:2160 , 1836 , 53%
Step-by-step explanation:
1) MP=CP (1+80/100)
= 1200×180/100
MP= 2160
2)SP =MP (1 - D/100)
= 2160 (1-15/100)
2160×17/20
SP= 1836
3) PROFIT =SP-CP
PROFIT = 1836-1200
PROFIT = 636
PROFIT PERCENTAGE = (P/CP ×100)%
(636/1200×100)%
PROFIT PERCENTAGE IS 53%
MARK AS BRAINLIEST
Given - Cost price
Find - I) the marked price
ii) the selling price
iii) the profit percentage
Solution - The marked price is Rupees 2160, the selling price is Rupees 1836 and the profit percentage is 53%.
Marked price = 1200 + 80*1200/100
Marked price = 1200 + 960
Marked price
= Rupees 2160
Selling price = 2160 - 15*2160/100
Selling price = 2160 - 324
Selling price = Rupees 1836
Profit = Selling price - cost price
Profit = 1836 - 1200
Profit = Rupees 636
Profit percentage = profit/cost price*100
Profit percentage = 636/1200*100
Profit percentage = 53%
Hence, the marked price is Rupees 2160, the selling price is Rupees 1836 and the profit percentage is 53%.